Arthur Hayes Dumped HYPE and NEAR: Shill, Pump, Dump, Repeat

TLDR: – Higher energy prices due to Iran war and inventory restocking – 3 Mega AI IPOs between now and early Q3 – Prediction that Trump goes anti-AI to win… — Arthur Hayes (@CryptoHayes) June 4, 2026 Fair enough, but the problem is that just four days earlier, Hayes was singing a different song. Just days ago, he posted “Meow — $HYPE to $150” alongside a cat meme while continuing to promote what he called his “holy trinity” of altcoins: HYPE, ZEC, and NEAR.

He even made a $100,000 charity bet with Kyle Samani that Hyperliquid would outperform every top-10 cryptocurrency by year-end. Meow – $HYPE to $150 … Fuck TradFi Fuck the Clarity Act Long live Caesar!!!! com/UlqtnXuMdk — Arthur Hayes (@CryptoHayes) May 30, 2026 Then came the exit.

There’s nothing wrong with taking profits. The issue is that this pattern has become familiar. Back in September 2025, Hayes was also aggressively bullish on Hyperliquid, floating a potential 126x rally and repeatedly talking up the token before later selling millions of dollars worth.

At the time, he famously admitted some of the proceeds went toward buying a Ferrari . 1M (He shilled it in stage before) Joking that the gains would cover his Ferrari deposit. com/s6SC1bHrBD — StarPlatinum (@StarPlatinum_) May 30, 2026 Eventually, he bought back in, renewed his bullish outlook, and resumed promoting the trade.

Fast forward to 2026, and it’s the same script all over again, fresh price targets, fresh conviction, fresh narratives, and then another exit. Discover: The best crypto to diversify your portfolio with Arthur Hayes vs. the Community The community is on point.

Arthur Hayes would buy a token that’s already moving, promote increasingly aggressive targets, then sell into the resulting momentum. Others questioned how someone could spend days discussing a $150 target only to liquidate an entire position almost immediately afterward. Arthur did it again!

Bull post then sell like a scammy KOL. He will regret this time. co/0inle0M2Ko — Ericonomic (@ericonomic) June 4, 2026 Some Hyperliquid supporters defended Hayes’ right to trade however he wants.

They’re correct. He’s under no obligation to hold forever, and nobody is forced to copy his trades. Still, Hayes isn’t just another crypto influencer.

He’s one of the industry’s most recognizable figures, a pioneer of crypto derivatives, and someone whose market commentary still carries weight. When he repeatedly builds bullish narratives around a token and then exits shortly afterward, people are naturally going to question him. graphic, cryptonews The frustration isn’t really about just this one trade.

It’s becoming a pattern we’ve seen before across ETH, PEPE, ENA, HYPE, and other positions. Hayes’ wallets are public, so everyone can peek at them. But transparency alone doesn’t eliminate criticism when the same sh*t keeps repeating.

Hayes is expected to publish a longer essay explaining the decision, and perhaps his macro concerns will prove correct. Markets can change quickly, and prudent risk management is part of the game. In all honesty, crypto doesn’t lack for bullish narratives.

What it lacks is accountability when those narratives suddenly disappear the moment profits are on the table. Discover: The best pre-launch token sales The post Arthur Hayes Dumped HYPE and NEAR: Shill, Pump, Dump, Repeat appeared first on Cryptonews .